Falcon secures 22 banks, acquires 54% of Egypt’s private guard service market: Executive Director

Daily News Egypt
1 Min Read
Falcon Group Executive Director and Managing Director Sherif Khaled. (Photo by Ahmed Samir)
Falcon Group Executive Director and Managing Director Sherif Khaled. (Photo by Ahmed Samir)
Falcon Group Executive Director and Managing Director Sherif Khaled.
(Photo by Ahmed Samir)

Falcon Group has succeeded in acquiring 54% of the private guard services market in Egypt, says Sherif Khaled, Executive Director and Managing Director of the group.

According to Khaled, the group secures 22 public and private banks working in the Egyptian market, including the Commercial International Bank (CIB), Bank Audi, Blom Bank Egypt, Banque Misr, Banque Du Caire, Suez Canal Bank, and HSBC. This is in addition to a number of financial and industrial institutions, universities and diplomatic bodies.

Falcon Group held a press conference last week, where it presented its work in securing the universities during the last academic year. It also presented its opinion regarding the role of the private security companies in supporting the economic growth through securing the buildings and different investments.

 

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